CIRRUS LOGIC INTERNATIONAL SEMICONDUCTOR LTD.
Company Information
- Company Number
- SC495735
- Registered Address
- 7 B Nightingale Way, Quartermile, Edinburgh, Scotland, EH3 9EG
- Status
- Active
- Employee Count
- 1,204
- Turnover
- £576,507,000
- EBITDA
- £254,941,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 January 2015
- Nature of Business
- 62012 - Business and domestic software development
- Industries
- Software
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Over the past three periods, there has been a slight decrease in the average time taken for CIRRUS LOGIC INTERNATIONAL SEMICONDUCTOR LTD. to pay invoices. The company has also shown an improvement in paying invoices within 30 days, with an increase from 22% to 35%. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, and a small decrease in the percentage of invoices paid later than 60 days.
Volatility Analysis
There has been a moderate level of volatility in the data over the past three periods. The average time taken to pay invoices has fluctuated between 35 and 40 days, with the lowest being in 2023 and the highest in 2018. The percentage of invoices paid within 30 days has also varied between 22% and 35%, with the highest being in 2023 and the lowest in 2018. The percentage of invoices paid between 31 and 60 days has remained relatively stable, ranging from 64% to 76%. The percentage of invoices paid later than 60 days has also remained consistent, ranging from 0% to 3%.
Summary Analysis
Overall, there has been a slight improvement in the time taken for CIRRUS LOGIC INTERNATIONAL SEMICONDUCTOR LTD. to pay invoices. The company has consistently paid invoices within 30 days, with the highest percentage being 35% in 2023. The percentage of invoices paid between 31 and 60 days has remained relatively stable, while there has been a slight decrease in the percentage of invoices paid later than 60 days. CIRRUS LOGIC INTERNATIONAL SEMICONDUCTOR LTD. has also consistently maintained a standard payment period of 45 days.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 30 Mar 2025 - 29 Sept 2025 | 28 Oct 2025 | 35 | 28% | 71% | 1% | 1% |
| 30 Sept 2024 - 29 Mar 2025 | 24 Apr 2025 | 35 | 29% | 70% | 1% | 1% |
| 26 Sept 2023 - 30 Mar 2024 | 24 Apr 2024 | 39 | 26% | 70% | 4% | 4% |
| 26 Mar 2023 - 25 Sept 2023 | 17 Oct 2023 | 36 | 27% | 72% | 1% | 3% |
| 27 Sept 2022 - 25 Mar 2023 | 19 Apr 2023 | 35 | 35% | 64% | 1% | 5% |
| 27 Mar 2022 - 26 Sept 2022 | 17 Oct 2022 | 37 | 27% | 70% | 3% | 5% |
| 28 Sept 2021 - 26 Mar 2022 | 22 Apr 2022 | 36 | 30% | 69% | 1% | 9% |
| 28 Mar 2021 - 27 Sept 2021 | 20 Oct 2021 | 37 | 22% | 78% | 0% | 3% |
| 29 Sept 2020 - 27 Mar 2021 | 23 Apr 2021 | 36 | 31% | 69% | 0% | 4% |
| 29 Mar 2020 - 28 Sept 2020 | 27 Oct 2020 | 38 | 25% | 75% | 0% | 6% |
| 30 Sept 2019 - 28 Mar 2020 | 27 Apr 2020 | 37 | 32% | 66% | 2% | 7% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 38 | 23% | 76% | 1% | 10% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 37 | 30% | 69% | 1% | 15% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 40 | 24% | 73% | 3% | 24% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms are to pay invoices within 30 or 45 days from the date the invoice is received by the Accounts Payable Department according to the payment terms quoted on each purchase order sent to vendors. Alternative terms can be agreed with individual vendors. If a valid invoice is received promptly at the correct email address, quoting a valid purchase order it will be paid according to the payment terms via weekly payment runs. The correct invoicing address, which is quoted on all purchase orders is AP_UKAU@cirrus.com. If invoices cannot be emailed, they should be sent to Cirrus Logic International Semiconductor Ltd at 7B Nightingale Way, Quartermile, Edinburgh, EH3 9EG.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
At Cirrus Logic, we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address: APSupport@cirrus.com. If any disputes arise, Procurement will review the terms of the agreement and work with the vendor to address the dispute accordingly.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Cirrus Logic International Semiconductor Ltd. is a leading semiconductor company based in the United Kingdom. The company specializes in the design and manufacture of high-performance analog and mixed-signal integrated circuits for a variety of applications.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes energy-efficient manufacturing processes, waste reduction programs, and responsible sourcing of materials.
Cirrus Logic offers a wide range of products and services, including audio and voice processing solutions, high-speed data converters, and power management ICs. These products are used in a variety of industries, including consumer electronics, automotive, and industrial.
The key people at Cirrus Logic International Semiconductor Ltd. include President and CEO Jason Rhode, Executive Vice President and Chief Financial Officer Thurman Case, and Executive Vice President and Chief Technology Officer Scott Anderson.
For more information about the company, its products, and services, you can visit their website at www.cirrus.com. The registered office address for Cirrus Logic International Semiconductor Ltd. is located at St. James Court, Wilderspool Causeway, Warrington, Cheshire, WA4 6PS, United Kingdom.
